Friday afternoon musing14 Aug 2020 15:25
I thought the NCM update yesterday was extremely positive with the Q&A session giving us all the right messages that Hav is proceeding at pace and could make Telfer Tier 1 again - all marvellous news.
It appears from some postings that our success is creating little pockets of paranoia when the SP goes down by a few %. Downward movements happen with all stocks - that is the nature of a market. I think there might be some here who are stoking a pessimistic fire for their own gains and others who are sitting on substantial profit, pinching themselves and thinking this is a dream and it can't be happening to me - something must go wrong.
From my relaxed viewpoint, I have been here for around 3 years now and things have never been better or the future more positive. I am not trading but sitting on my shares and watching more and more from the sidelines without commenting here as I have nothing to add from a technical understanding and enjoy learning from others. I am an keen observer of human behaviour and sentiment as expressed through postings and we do get into a cyclical beat around expectant and delivered news, together with SP movement of course. The one recommendation I would make is to take the big picture - look at the journey over the last 8 months and the news that has arrived and so much more to come. All looking bloody marvellous from my personal perspective.
Enjoy your weekend when it arrives.
ATB